Median monthly gross salary in finance and insurance sector grew by 6.1% in September 2016

YEREVAN, December 6. /ARKA/. The gross median monthly salary in one of the highest-paid segments of the Armenian economy – finance and insurance- increased by 6.1% to 371,559 drams in September 2016 from the year before, according to the National Statistical Service (NSS).

The median gross monthly salary in information and communication sectors was about 386,600 drams and 355,300 drams in the mining industry.

The lowest paid sectors were culture, entertainment and leisure – 113,200 drams, agriculture, forestry and fisheries – 118,900 drams, education – 122,600 drams, hotels and public catering – 127, 800 drams.
In September 2016 the median gross monthly salary across the country was 187,439 drams, or about 1.4% more than in September 2015.

In 2016 September the highest median gross monthly salary was boasted by the southern province of Syunik – 216,600 drams, while the lowest paid region was the central province of Aragatsotn – 129,000 drams. In Yerevan, the median monthly gross salary was 200,400 drams.

According to preliminary estimates, the median gross monthly salary in January-October 2016 amounted to 185,689 drams ($386 or 26,117 Russian rubles), which was 2.4% more than in January-October 2015.
Armenian Central Bank predicts a 3.7% rise in the median gross salary in 2017 ($ 1 – 480.92 drams). -0-

spot_img

POPULAR

Euro and dollar exchange rates against the Armenian dram continued to decline, while the ruble rose slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram on July 24, 2026, fell by 0.08 points compared to July 23, to 365.87 drams.

Armenia approves list of stock exchanges for application of new rules for taxation of bank dividends

At a meeting on Thursday, the Armenian government approved a list of stock exchanges whose listing status will be taken into account when applying a differentiated taxation system for dividends on bank shares.

Dollar and euro exchange rates against the Armenian dram rose, while the ruble weakened slightly: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market as of July 21, 2026, increased by 0.75 points compared to July 20, reaching 366.68 drams.

Dollar and euro exchange rates against the Armenian dram fell again: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 20, 2026, fell by 0.92 points compared to July 17, reaching 365.93 drams.

Acba Bank to Support Armenian Exports

To support the development of local producers, promote Armenian exports to various countries worldwide, and enhance the competitiveness of Armenian businesses, Acba Bank is offering the best export factoring terms currently available in Armenia until September 30.

LATEST NEWS

spot_imgspot_imgspot_img